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  1. Property developers surge on support moves

    Posted Oct 21st 2008, 12:00am by Peggy Sito

    ... at HK$5.51, while Country Garden gained 9.88 per cent to end at HK$1.78. China Resources Land rose 12.99 per cent to HK$8.70, while Agile Property advanced 9.67 per cent to HK$2.95. Small developer ... But property experts said the rebound would be short-lived as the market would not turn around until developers stopped cutting prices and reported higher sales. The State Council announced measures ...

  2. Mainland developer urges Taiwan to ease property investment rules

    Posted Jun 30th 2008, 12:00am by Sandy Li

    ... Sandy Li China National Real Estate Development Group (CRED), the mainland's largest state-owned developer, has called on the Taiwan government to relax remaining conditions ... investments?' he said. Further relaxations of measures were needed from the new pro-China administration in Taiwan to bolster cross-strait property co-operation, he said. Mr Meng added, however, that he ...

  3. China Vanke doubles net profit but sees market adjustment

    Posted Mar 21st 2008, 12:00am by Staff Reporter

    ... Fulton Mak China Vanke, the mainland's largest property developer, said net profit more than doubled last year as robust demand boosted prices, but warned that the market ... for the market's long-term development. Beijing is restricting financing to the property market in an attempt to prevent a growing asset bubble. 'The market is now undergoing a rational adjustment, ...

  4. Property developers feel the pinch of tight mainland credit policy

    Posted Jul 28th 2008, 12:00am by Peggy Sito

    ... Peggy Sito and Wong Ka-chun While mainland property developers say they can see light at the end of the policy tunnel, foreign investors and analysts are arguing that the worst is yet to come. Central government credit tightening measures to cool the overheated economy and slowing property sales are expected to make it difficult for developers to raise funds to pay land premiums ...

  5. Golden week loses shine for developers

    Posted May 14th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu The golden week national holiday in early May is no longer a golden time for developers to sell their properties, say agents. According to Li Wenjie, general manager of Centaline (China) in Beijing, transactions in the primary market during the golden week holiday totalled just 30 per cent of the deals done during the same holiday last year. Most developers offered ...

  6. Guangdong developers ask local government for relief measures

    Posted Nov 06th 2008, 12:00am by Peggy Sito

    ... pressure on developers,' said Li Silian, the chairman of the recently formed Real Estate Developers' Association of Guangdong. Mr Li, also chairman of Guangzhou R&F Properties, said ... Peggy Sito in Guangzhou Developers in Guangdong have submitted a proposal to the provincial government calling for an easing in financial policies including a further interest rate cut ...

  7. Homebuyers rage as developers cut prices

    Posted Sep 24th 2008, 12:00am by Peggy Sito

    ... heights this month when China Vanke, one of the mainland's leading developers, announced price cuts of up to 35 per cent on some of its relaunched developments nationwide. The move saw ... in the same development. Similar cases have been seen in Shenzhen and Beijing. However, China Vanke stood its ground on the strategy and emphasised that there would be no compensation or refunds. ...

  8. Beijing's monetary move triggers sharp rise in property stocks

    Posted Nov 28th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Mainland property stocks surged yesterday after the country's central bank sharply reduced interest rates on Wednesday. Analysts said they expected developers and the property market to benefit from the cut of 108 basis points by the People's Bank of China in the benchmark rate. Shares of mainland and Hong Kong-listed developers jumped sharply ...

  9. Moody's view on property sector dims amid fears of tighter lending

    Posted Apr 17th 2008, 12:00am by Sandy Li

    ..., including China Overseas Land and Investment, Agile Property Holdings, and Country Garden Holdings remained stable. But most of the developers under review could withstand tighter credit conditions ... Sandy Li Credit agency Moody's Investors Service has taken a pessimistic view of the mainland's property sector amid concern that the China Banking Regulatory Commission might ...

  10. Central China pursues US$200m IPO amid weak property sentiment

    Posted May 15th 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun and Fulton Mak Central China Real Estate, a Henan-based property developer, is soft-launching a US$200 million initial public offering in Hong Kong to help fund land ... China's public offering. 'As a property developer focused on a single market, the risk will be relatively higher,' Ms Ngai said. Before the proposed global offering, the company brought ...




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